"According to Chinese gadget news site Tech.163, Apple may be in the process of developing its own smart watch that connects to your Apple devices via Bluetooth. Based on the report, Intel will be working with Apple to create the smart watch, with a 1.5-inch PMOLED display made by RiTDisplays with ITO-coated glass." It must be the holiday lull. I'm this close to putting this in the joke category.

If Apple comes up with a watch and loads of people buy it they will probably claim to have re-invented the smart watch or kickstarted the industry. I don't think they will claim to have actually come up with the idea, nor did they do that with the iPad and iPhone. They will patent stuff and might sue others.

Fact is that smart watches are already amongst us and have been for years, but they aren't mainstream and Apple could make that happen like they did with tablets. That would probably be good for any smart watch maker as it will cause people to look for them and check them out. If Apple proves there is money to be made the innovation will take off.

But it's tricky. if Apple makes an expensive watch I don't think many people would buy one. Why pay a lot for an iPhone and then a lot for not having to take it out of your pocket? If Apple makes a cheap watch they will sell lots, but not make much money. Apple can probably make a lot of stuff that will sell, but it won't earn them much money so they don't.

Then again, they don't make a lot on their accessories and an iWatch could be seen as one.

Until there is an Apple watch in the stores it's all speculation anyway.

My jokes are often presented in a serious way and cause such reactions to my sadistic amusement. :-p

I don't think the screens needs to be very big. It's only used for time and notifications, perhaps some media controls. Voice control (Siri)?

But to succeed it needs to have some good specifications and not be made from cheap material, this will drive the price up, add to this profit margin and it may become an expensive watch. Add a little more money and you got yourself a (small) tablet.

So I do think an Apple watch can be useful, but I doubt it can be good AND affordable AND make Apple enough money for them to go ahead with it. I guess they would if millions of Android users would dance in the rain with their Android watches, but they aren't so Apple might not do it.